Growth in the breast
imaging market is driven by factors such as the rising incidence of breast
cancer globally; growing government investments and funding for breast cancer
treatment and related research; increasing awareness about early detection of
breast cancer; rising geriatric population; technological advancements in
breast imaging modalities; and launch of advanced breast imaging systems
capable of detecting cancer in women with dense breast tissues. In addition,
the growing demand for breast imaging in emerging Asian countries, and
technological advancements in breast cancer detection are expected to offer
high growth opportunities for market players. However, factors such as high
installation cost of breast imaging systems, side-effects of radiation
exposure, and errors in breast cancer screening and diagnosis are restricting
the growth of the global breast imaging market.

North America is
estimated to be the largest regional segment in the global breast imaging
market in 2016, followed by Europe. However, the Asia-Pacific market is
expected to grow at the highest CAGR of 9.5% from 2016 to 2021. A number of
factors, such as the growing patient population, increasing healthcare
expenditure, improving healthcare infrastructure, growing government spending
on breast cancer research studies, and implementation of several initiatives to
create awareness about the early detection of breast cancer are expected to
drive the market in the Asia-Pacific region.

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